This is no different than any fad. My pogs totally dropped in value after the wave of interest passed.
„the NFT market had plummeted immediately after its moment of glory in 2021 and 2022. Since then, the situation has not recovered“
Legit any trend could be swapped in that sentence.
pixeltackle on
Sorry your digital stickers are worthless, if it makes you feel any better they were also worthless when you purchased them.
rnilf on
I like that the main article picture is simply an NFT that Justin Bieber paid $1.3 million for.
We’re all getting same experience of looking at it, except that Justin Bieber paid $1.3 million.
blatantninja on
I asked several far more technologically inclined friends to explain NFTs to me and how they have any use. .none of them could but several seemed to really believe that they would soon become common for all sorts of transactions.
Ginger-Nerd on
Sounds like a great time to buy!
They are a steal
/s
mugwhyrt on
Can we get an update on tulip prices while we’re at it?
Scaryclouds on
The dramatic and imminently predicatable collapse of NFTs
asphaltaddict33 on
Who could have predicted such a calamity?
Literally everyone lol
ISAMU13 on
Fastest money laundering scam in history. Gone in a flash.
3xc1t3r on
Turns out you could just screenshot them.
LostInLittleroot on
Who would’ve thought that jpegs reminiscent of 00’s flash game random character generators would lose value?!
Total-Elephant8731 on
Bitcoin is just an NFT I can’t believe it’s still around.
energycubed on
Dopamine is a helluva drug
Niceromancer on
Digital tulip bulbs
Onefortwo on
Shocked I tell you, shocked!
Junkstar on
The power of marketing. You can fool people into parting with their cash over and over again.
imnotabel on
i am so, so happy that every normal person who went big on nfts is completely fucking ruined lmao god what a time to be alive
Ialwayssleep on
Sounds like they still have room to fall.
rufus_xavier_sr on
The Trump ones are worth more than the sale price! Many MAGA are going to retire rich off them.
/s
Own_Event_4363 on
Well, the crypto NFT bros now shill AI stuff… Til the next thing comes along.
TechnicalScheme385 on
A Game of Hot Potato, It’s only fun when the potato is hot. By the time it’s cold the loser has a cold potato. Game’s over when it drops or whomever is stuck holding the cold potato. Right? NFTs?
nievesdelimon on
The only winners were the sellers. Oh to have sold some bullshit image for hundreds of thousands.
yogfthagen on
It’s almost like the whole thing was a scam.
Who would have guessed?
Games_sans_frontiers on
I’d love to hear from someone who bought and still owns their NFT tbh.
Vazhox on
But the people were spending this kind of money on these pretty much equated to losing a few bucks. It was a get rich, quick scheme that a lot of people fell for. A classic pump and dump. Anyone who didn’t recognize this or thought that these were actual investment was a fool. Individuals should start reading finance books and taking finance classes if they really want to start dabbling in investments.
Oakvilleresident on
So who made all the money in this scam ?
bad_hairdo on
It’s hard to believe anyone actually fell for the hype. High-profile figures like Gary Vee, Kevin O’Leary, and Logan Paul pushed NFTs as ‚must-have‘ assets, yet here we are watching those valuations bottom out. The irony is pretty hard to miss.
KnotSoSalty on
Crypto is at least useful to drug traffickers and scammers.
Danominator on
Im so glad. I remember when everybody thought this was the future and it just made no fucking sense
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29 Kommentare
This is no different than any fad. My pogs totally dropped in value after the wave of interest passed.
„the NFT market had plummeted immediately after its moment of glory in 2021 and 2022. Since then, the situation has not recovered“
Legit any trend could be swapped in that sentence.
Sorry your digital stickers are worthless, if it makes you feel any better they were also worthless when you purchased them.
I like that the main article picture is simply an NFT that Justin Bieber paid $1.3 million for.
We’re all getting same experience of looking at it, except that Justin Bieber paid $1.3 million.
I asked several far more technologically inclined friends to explain NFTs to me and how they have any use. .none of them could but several seemed to really believe that they would soon become common for all sorts of transactions.
Sounds like a great time to buy!
They are a steal
/s
Can we get an update on tulip prices while we’re at it?
The dramatic and imminently predicatable collapse of NFTs
Who could have predicted such a calamity?
Literally everyone lol
Fastest money laundering scam in history. Gone in a flash.
Turns out you could just screenshot them.
Who would’ve thought that jpegs reminiscent of 00’s flash game random character generators would lose value?!
Bitcoin is just an NFT I can’t believe it’s still around.
Dopamine is a helluva drug
Digital tulip bulbs
Shocked I tell you, shocked!
The power of marketing. You can fool people into parting with their cash over and over again.
i am so, so happy that every normal person who went big on nfts is completely fucking ruined lmao god what a time to be alive
Sounds like they still have room to fall.
The Trump ones are worth more than the sale price! Many MAGA are going to retire rich off them.
/s
Well, the crypto NFT bros now shill AI stuff… Til the next thing comes along.
A Game of Hot Potato, It’s only fun when the potato is hot. By the time it’s cold the loser has a cold potato. Game’s over when it drops or whomever is stuck holding the cold potato. Right? NFTs?
The only winners were the sellers. Oh to have sold some bullshit image for hundreds of thousands.
It’s almost like the whole thing was a scam.
Who would have guessed?
I’d love to hear from someone who bought and still owns their NFT tbh.
But the people were spending this kind of money on these pretty much equated to losing a few bucks. It was a get rich, quick scheme that a lot of people fell for. A classic pump and dump. Anyone who didn’t recognize this or thought that these were actual investment was a fool. Individuals should start reading finance books and taking finance classes if they really want to start dabbling in investments.
So who made all the money in this scam ?
It’s hard to believe anyone actually fell for the hype. High-profile figures like Gary Vee, Kevin O’Leary, and Logan Paul pushed NFTs as ‚must-have‘ assets, yet here we are watching those valuations bottom out. The irony is pretty hard to miss.
Crypto is at least useful to drug traffickers and scammers.
Im so glad. I remember when everybody thought this was the future and it just made no fucking sense